Stanchart chief executive Kariuki Ngari (left), NCBA boss John Gachora (centre) and Absa’s Jeremy Awori. FILE PHOTOS | NMG Ten Nairobi Securities Exchange-listed firms cut their executive bonuses by Sh284 million last year in the wake of reduced profitability that was largely caused by the economic fallout from the Covid-19 pandemic. KCB , Absa Bank […]
Tag: bamburi cement
Top 5 Cement Firms in Kenya
A truck leaves the Bamburi Cement factory. PHOTO | FILE The Kenyan construction industry has experienced speedy growth in the past decade driven by a huge demand for housing and the government’s focus on mega infrastructure projects . Thriving in tandem with the sector, the production of cement rose from a low of 154,781 tonnes […]
Remote working puts teamwork on the edge
Building a strong company culture, keeping employees productive and happily engaged is more challenging than ever with a distributed workforce. PHOTO | SHUTTERSTOCK Maintaining teamwork tops the key concerns for executives as they grapple with whether employees should work remotely or go back to offices. Building a strong company culture, keeping employees productive and happily […]
Bamburi Cement’s net profit triples to Sh1.1bn on cost cuts
A cement truck leaves Bamburi factory in Mombasa. FILE PHOTO | NMG Bamburi Cement #ticker:BAMB more than tripled its net profit in the year ended December, recording the biggest earnings jump among Nairobi Securities Exchange-listed firms and bucking a trend of losses due to the Covid-19 pandemic. The cement manufacturer reported net earnings of Sh1.1 […]
Bamburi Cement Limited: AGM 2021
Bamburi Cement Limited will hold its Annual General Meeting on Tuesday 10th June 2021 via electronic means.
Bamburi Cement: Dividend Payment 2022
Bamburi Cement Limited shareholders to receive a Dividend Payment of KES 3.58 per share on 26th July 2022. This only applies to shareholders on the Company’s Register of Members as on 26th May 2022. For the latest key economic events use our free ECONOMIC CALENDAR
Bamburi Cement Limited: Book Closure Date 2022
Kenya Commercial Bank shareholders on the Company’s Register of Members as of 26th May 2022 to receive a Dividend Payment of KES 3.58 per share. The dividends will be paid on 26th July 2022. For the latest key economic events use our free ECONOMIC CALENDAR
Bamburi cement’s cost-cutting measures bear fruit
Bamburi Cemet CEO Mr Seddiq Hassani. Diversification of products and services has helped Bamburi Cement to navigate through the effects of Covid-19 pandemic. Bamburi Cement Chief Executive Seddiq Hassani (pictured) said the change of strategy has enabled the 68-year-old company to navigated through the Covid-19 turbulence without laying off any of its 400 employees even […]
Sustainability as indicator of excellence in business
Fifty or so years ago, corporate reporting consisted of a little more than a profit and loss account and balance sheets. In recent years however, businesses are increasingly being called upon to address social, environmental and economic issues while also disclosing their strategy and information on the context, both opportunities and risks, in which they […]
Kenya Risks UK Blacklist Over Open Tanzania Border
Kenya risks joining the UK’s ‘red list’ of countries from where travellers are subjected to mandatory stay at quarantine hotels due to the government’s reluctance to close the border with Tanzania. Britain’s Telegraph newspaper, quoting a source from the British High Commission in Nairobi, said that Kenya is likely to be added to the ‘red […]